Hiab completes acquisition of US demountables manufacturer Galfab

Table of Contents

Galfab roll-off hoist

Galfab roll-off hoist

Galfab roll-off hoist

Galfab

Galfab logo

Galfab logo

Galfab brand

CARGOTEC Company, Push Launch, 4 SEPTEMBER 2021 AT 01:00 PM (EEST)

Hiab, portion of Cargotec, has accomplished the acquisition of the US demountables company Galfab, which would make roll-off hoists and similar machines for the domestic squander sector. It will become part of Hiab’s Demountables, Forestry & Recycling Cranes division. The acquisition broadens Hiab’s demountable portfolio when Galfab’s equipment will be integrated in Hiab’s nationwide US profits and services community.

“We are extremely delighted to now be able to contain the Galfab roll-off hoists in our US demountables’ offering. Their roll-off hoists are recognised for their effectiveness and high quality excellent like our MULTILIFT hooklifts and skiploaders,” says Pauliina Kunvik, Senior Vice President, Demountables, Forestry & Recycling Cranes, Hiab.

Galfab was released in 1992 by the Galbreath household and apart from the legendary roll-off hoist created by Don Galbreath, it also delivers other solutions such as compactors, containers and self-dumping hoppers. Its headquarters and principal production web-site is in Winamac, Indiana, but Galfab also has two sites in Phoenix, Arizona, and Houston, Texas. It currently employs around 100 individuals who will transfer to Hiab.

“I warmly welcome Galfab and its staff to Hiab. This is an interesting opportunity to develop advancement for each Galfab and our demountables enterprise by giving Galfab gear house owners accessibility to Hiab’s market-major, nationwide revenue and service network and our world innovation system,” says Scott Phillips, President, Hiab.

Hiab moving into an arrangement to purchase Galfab was announced 21 August 2021.

Even further info:
Pauliina Kunvik, Senior Vice President, Demountables, Forestry & Recycling Cranes, Hiab, m: +358 40 702 9755, [email protected]

Trent Appleby, Director, Integration, Hiab, m: +1 317 987 8593, [email protected]

Nils Gjerstad, Senior Communication Manager, Hiab, m: +46 706 005 288, [email protected]

About Hiab
Hiab is the world’s primary provider of on-highway load dealing with equipment, smart services, clever and linked solutions. Hiab’s all-around 3,400 workforce all over the world function passionately for Hiab to be the selection 1 lover and chosen load handling answer supplier to its buyers. As the marketplace pioneer and with a happy 75 year record, Hiab is committed to inspire and form the future of intelligent load dealing with.

Hiab’s course-primary load managing products features HIAB, EFFER and ARGOS loader cranes, LOGLIFT and JONSERED forestry and recycling cranes, MOFFETT and PRINCETON truck mounted forklifts, MULTILIFT skiploaders and hooklifts, and tail lifts under the ZEPRO, DEL, and WALTCO manufacturers. Hiab ProCare™ services, the award-profitable HiVision™ crane running technique, or the HiConnect™ platform show Hiab’s regular drive to supply clever expert services and clever remedies that increase worth to its buyers. www.hiab.com

Hiab is part of Cargotec Company. Cargotec’s (Nasdaq Helsinki: CGCBV) gross sales in 2020 totalled about EUR 3.3 billion, and it employs about 11,500 people. www.cargotec.com

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